Scale for determining the
costs of traveling
2005 - 2006
| Scale for determining the costs of travelling |
|
|
|
Value of
the vehicle
(including VAT) |
|
|
Fixed
Cost
(R p.a) |
Fuel
Cost
(c/km) |
Maintenance
Cost
(c/km) |
|
| 0 |
- |
R 40 000 |
14 489 |
34,5 |
21,6 |
| R 40 001 |
- |
R 60 000 |
19 869 |
36,2 |
22,4 |
| R 60 001 |
- |
R 80 000 |
25 058 |
36,2 |
22,4 |
| R 80 001 |
- |
R 100 000 |
30 893 |
40,7 |
27,8 |
| R 100 001 |
- |
R 120 000 |
35 578 |
40,7 |
27,8 |
| R 120 001 |
- |
R 140 000 |
40 732 |
40,7 |
27,8 |
| R 140 001 |
- |
R 160 000 |
46 157 |
45,0 |
37,7 |
| R 160 001 |
- |
R 180 000 |
51 930 |
45,0 |
37,7 |
| R 180 001 |
- |
R 200 000 |
57 332 |
51,1 |
41,6 |
| R 200 001 |
- |
R 220 000 |
63 287 |
51,1 |
41,6 |
| R 220 001 |
- |
R 240 000 |
68 697 |
51,1 |
41,6 |
| R 240 001 |
- |
R 260 000 |
74 287 |
51,1 |
41,6 |
| R 260 001 |
- |
R 280 000 |
78 992 |
53,9 |
49,8 |
| R 280 001 |
- |
R 300 000 |
83 744 |
53,9 |
49,8 |
| R 300 001 |
- |
R 320 000 |
88 854 |
53,9 |
49,8 |
| R 320 001 |
- |
R 340 000 |
94 322 |
53,9 |
49,8 |
| R 340 001 |
- |
R 360 000 |
99 240 |
59,8 |
65,5 |
| exceeding R 360 000 |
99 240 |
59,8 |
65,5 |
|
|
|
| Where reimbursement received for less than 8 000
km for business may deduct R 2.38 per km if no other allowance
or reimbursement received, option of receipt |
|
| Right of use of motor vehicle |
|
| 1.8% of determined value on first vehicle |
| 4% on second and subsequent vehicles |
| Determined value is |
| - |
Original cost excluding VAT
reduced by 15% reducing balance for every complete 12
months from date of acquisition to date employee granted
use. |
|
- |
Where both travel allowance
and right of use of vehicle received right of use
computed at 4% of determined value |
|
|
| Traveling allowance |
|
| May be paid by fixed monthly allowance or per
kilometer |
|
| Unless based on actual business travel, PAYE to
be deducted on 50% of allowance |
|
| Computation of business travel may be based on |
| - |
Actual figures for costs and
actual Kilometers – logbook required |
|
- |
Deemed costs and actual
kilometers – logbook required |
|
- |
Deemed figures for costs and
Kilometers – total Kilometers required |
|
|
| Kilometers deemed as private – first 16 000 kms
and in excess of 32 000 km |
|
|
|